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MPLX LP has a consensus price target of $45.81 based on the ratings of 16 analysts. The high is $55 issued by Truist Securities on November 19, 2024. The low is $36 issued by Citigroup on July 12, 2023. The 3 most-recent analyst ratings were released by Truist Securities, RBC Capital, and UBS on November 19, 2024, November 18, 2024, and November 15, 2024, respectively. With an average price target of $54 between Truist Securities, RBC Capital, and UBS, there's an implied 13.02% upside for MPLX LP from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for MPLX (NYSE:MPLX) was reported by Truist Securities on November 19, 2024. The analyst firm set a price target for $55.00 expecting MPLX to rise to within 12 months (a possible 15.11% upside). 20 analyst firms have reported ratings in the last year.
The latest analyst rating for MPLX (NYSE:MPLX) was provided by Truist Securities, and MPLX maintained their buy rating.
The last upgrade for MPLX LP happened on March 14, 2023 when JP Morgan raised their price target to $41. JP Morgan previously had a neutral for MPLX LP.
There is no last downgrade for MPLX.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MPLX, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MPLX was filed on November 19, 2024 so you should expect the next rating to be made available sometime around November 19, 2025.
While ratings are subjective and will change, the latest MPLX (MPLX) rating was a maintained with a price target of $48.00 to $55.00. The current price MPLX (MPLX) is trading at is $47.78, which is out of the analyst’s predicted range.
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